Ensuring the sustainability of current and future generations is a priority for Allianz and our stakeholders.
We aim to leverage upon our comprehensive sustainability strategies to generate positive change for our communities and shared environment.


Allianz aims to be a reliable and caring entity in the financial services industry.
This means contributing to our society, caring for our environment, and being transparent about how we do business. 
We are shaping change for what's ahead by working with others to find solutions for a sustainable future.

Working towards the Allianz 2030 intermediate target
Supporting societies and empowering vulnerable communities
Supporting societies and empowering vulnerable communities
insurance product
Ensuring sustainable investments and insurance products  
Mitigating environmental impact
Mitigating environmental impact 
Allianz Singapore

An electric vehicle is powered (either fully or partially) by electricity, unlike a conventional Internal Combustion Engine (ICE) car1 

Modern-day EVs are of three types: Battery EVs (BEVs), plug-in hybrid EVs (PHEVs) and hybrid EVs (HEVs). Also called all-electric vehicles, BEVs rely solely on battery power while PHEVs and HEVs use both electric power and conventional combustion engines. BEVs are the most common EVs, accounting for nearly two-thirds of the 5 million electric cars on the road in 20182 

The emissions of an electric car are estimated to be 17-30 percent lower than those of petrol and diesel cars3 
With fewer moving parts than a petrol car, EVs also save costs with their optimal energy conversion capacity. 
In addition to not requiring petrol, EVs are up to three times more efficient at energy conversion than conventional cars4  .

The first electric vehicle introduced in Singapore was the BMW i3 back in 2014. 

Since then, the EV scene has expanded rapidly here and now offers a wide range of models at different price points. 

Under Singapore's Green Plan 2030 (SGP30)9 ,  the country aims to phase outInternal Combustion Engine (ICE) vehicles and
have all vehicles run on cleaner energy by 2040.


In line with this vision, Allianz Insurance Singapore is committed to supporting electric vehicles with our dedicated and comprehensive
Allianz Electric Motor Protect - an insurance plan designed to cover, specifically, the components and accessories of electric vehicles.
Do you need more information or require assistance? Get in touch with us anytime.
Call us or Email us for your Allianz Electric Motor Protect Quote TODAY